6,000Units Under Management
Less Than 1% Eviction Rate
Avg. Time Rental Is on Market 23 Days

Category Archives: Tips for Landlords

Can a Landlord Use a Security Deposit for Unpaid Rent? 

 Are you a tenant facing a tough situation with unpaid rent? Or maybe you’re a landlord wondering what will happen when you don’t receive a payment from a tenant? We want to let you know that you’re in the right place! In this guide, we’ll help you navigate whether a security deposit can be used […]

When to Do Home Maintenance Yourself or Trust the Professionals

Updated 6/26/24 by Bay Property Management Group When property maintenance is necessary, many landlords are tempted to do all the home repairs themselves. However, sometimes this can defeat the intended purpose of economic efficiency. Surprisingly, it can be more expensive to do the home repairs yourself than simply hiring a professional to complete the work.  […]

How Can I Painlessly (and Legally) Raise the Rent?

Updated 6/7/24 by Bay Property Management Group As a landlord, you undoubtedly already know that rent increases can be a risky game. After all, it can be necessary, but it also can bring with it high tenant turnover.   Whether you need to raise the rent because of property value changes, taxes, improvements you’ve made to the […]

5 Avoidable Mistakes Landlords Make with Rental Agreements

Having one universal lease agreement satisfying every type of lease term possible would be great. However, in reality, every lease is different. So, while using a universal lease form is possible, it is important to note that whether you self-manage your rental property, or enlist the help of a property management company, there are going […]

9 Ways to Be a Good Landlord to Your Tenant

You don’t have to search for long to find horror stories about overbearing, unfair landlords and how they mistreat their tenants. Unfortunately, it’s a common problem. However, some landlords act that way because they constantly deal with difficult tenants, tenants who never pay rent on time, and tenants who damage their property. However, regardless of […]

How To Sell a Rental Property When a Tenant Currently Lives There

If you want to sell a rental property, you’ll have to prepare it for showings and advertising. However, you may also find that there is a major roadblock on the path to selling: someone is currently living there. However, this does not mean hope is lost. You can still sell the property if you work […]

Guide to Roof Damage and Repair for Your Rental Property

Guide to Roof Damage and Repair for Your Philly Rental Property

Did you know that the average roof repair cost is $1,121, with most property owners spending between $386 and $1,873? That’s a lot of money for one property repair. Yet, having a sound roof on your Philly rental property is crucial to keeping your property and tenants safe and dry from the stormy weather that so often […]

5 Appliances That Receive The Most Tenant Damage

5 Appliances That Receive The Most Tenant Damage

When it comes to the appliances you provide your tenants, you’ve probably included the basics like a dishwasher, refrigerator, microwave, and washer and dryer. And if you want to maintain an edge on the competition, chances are you are offering top-of-the-line appliances that are environmentally friendly, modern, and potentially expensive. That said, it is extremely […]

9 Questions You Should Ask When Interviewing a Property Manager

Are you tired of handling your day-to-day landlord responsibilities on your own? If so, you’re likely considering hiring a property manager to help make your rental property business less demanding. However, if you choose the wrong property manager, your decision could backfire, making your job as a landlord even more stressful. That’s why it’s important […]

How to Assess Water Damage in Your Basement Effectively: A Guide for Landlords

Are you aware that a silent intruder could lurk beneath your rental property, silently wreaking havoc on its value and your tenants’ well-being? Often unseen and insidious, water damage can chip away at your property’s integrity by decreasing its value by 10-20%. As a landlord, staying proactive against this hidden threat and knowing how to […]